Auguraltrader

There the SPY goes… next leg down

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
As heads up yesterday, the TLT and VIX were telling… and the SPY buckled slightly (-2%) for the day.

Over the next two days, breaking down below 370 (red support line) and in doing so trigger a TD Flip to start a new TD Sequential should see the SPY find its way close to 350 (or lower).

MACD is supporting this and the VolDiv had already been warning a long time ago…

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